Joliet Plumbing collected the following information on its business segments: Residential Division Commercial Division Operating Income $93,000 $260,000 Invested Assets $72,000 $190,000 Sales $350,000 $525,000 Which division had a higher profit margin and what was its profit margin? The Commercial Division had the higher profit margin at 49.5% The Residential Division had the higher profit margin at 84.5% The Commercial Division had the higher profit margin at 55.5% The Residential Division had the higher profit margin at 26.5%